Report: Onehub Raises $600K
Bellevue, WA-based Onehub, a maker of collaborative software for businesses, has raised about $600,000 as part of an ongoing $1 million fundraising round, according to Northwest Innovation, which cites a regulatory filing. No other terms were disclosed. A Onehub spokesperson said the company is not discussing its funding publicly yet.
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$500,000 of this came from Ignition, so I’d assume the remaining $100k came from 1-4 angels. Given their previous investment from Ignition, the relatively paltry angel support for what is a great solution with real market traction makes me very concerned about the health of Seattle angel investing.